Relacionar Columnas Economic SystemsVersión en línea Economic Systems por Michael Loret 1 Traditional Economy 2 Free Market Economy 3 Command Economy 4 Mixed Economy Government-centered; all economic decisions made by the government. Government determines what is produced and who gets access to goods and services. People are free to buy and sell as they please; economic decisions made by people, based on competition and supply and demand. A mixture of different economic systems. In USA, mostly free market with some government involvement (command). Used by primitive societies; economic decisions based on tradition, what was done before.
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